3Vote!
The Reasoned Sceptic (Free subscription) | 24/11/2009
... course, Mr. Pandl says, "There will be a reckoning at some point." A reckoning, indeed. Alan Reynolds has noted that Keynesian-style interventions have merely deepened and prolonged economic recessions. With the federal government's stream of such programs in the past eleven months, including a $787B stimulus bill, continuing extensions of jobless benefits, "cash for...
15Vote!
Adam Smith Institute Blog (Free subscription) | 23/11/2009
... together two wildly different economists: our own Richard Layard, New Labour Peer exemplary, and Alan Reynolds of the Cato Institute. Not people you would normally find agreeing on the colour of the sky but then that economic knowledge when imbibed does lead one to outburts of truth telling. First, Layard on the distinguishing feature between European and US unemployment rates : For...
5Vote!
Lindsay Mitchell (Free subscription) | 20/11/2009
... in February provided $40 billion to greatly extend jobless benefits at no cost to the states, says Alan Reynolds, a senior fellow with the Cato Institute. And from the same source today a report about the jobs apparently created by the stimulus is riddled with errors. The acting head of the Government Accountability Office (GAO), Gene Dodaro, told the committee his investigators found...
3Vote!
EconomicPolicyJournal.com (Free subscription) | 18/11/2009
Writes Alan Reynolds:Summers knows why the US rate is so high. He explained it well in a 1995 paper co-authored with James Poterba of MIT: "Unemployment insurance lengthens unemployment spells."That is: When the government pays people 50 to 60 percent of their previous wage to stay home for a year or more, many of them do just that.And the stimulus bribed states to extend benefits...
3Vote!
Stefan Karlsson's blog (Free subscription) | 17/11/2009
Alan Reynolds explains it here . Note how Obama economic advisor Larry Summer's previous writings are used against the policies of the Obama administration, just as in the issue of whether a health insurance mandate should be considered a tax [increase] .
6Vote!
PrairiePundit (Free subscription) | 17/11/2009
Alan Reynolds: Why did the unemployment rate rise so rapidly -- from 7.2 per cent in January to 10.2 percent in October? It was clearly the administration's "stimulus" bill -- which in February provided $40 billion to greatly extend jobless benefits at no cost to the states. As Larry Summers, the president's top assistant for economic policy, noted in July, "the unemployment...
3Vote!
HERTFORDSHIRE BIRDING (Free subscription) | 10/11/2009
This very late COMMON REDSTART was present in a Letchworth garden on Sunday 9 October (per Alan Reynolds)
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Cato-at-liberty (Free subscription) | 11/11/2009
... on taxing, spending, and “fiscal illusion” Michael J. New on the “starve the beast” hypothesis Alan Reynolds on Paul Krugman’s misunderstanding of the monetary and fiscal lessons of the Great Depression and Japan’s lost decade And on the general rapaciousness of the state, don’t miss Jason Kuznicki’s careful review of government racial discrimination from the end of Reconstruction...
1Vote!
Midknight Review (Free subscription) | 06/11/2009
... (PDF, 35 pp., 286Kb) William A. Niskanen The Undemanding Ethics of Capitalism (PDF, 7 pp., 78Kb) Alan Reynolds The Misuse of Economic History: Flawed Analogies with Japan's "Liquidity Trap" and the Great Depression (PDF, 19 pp., 158Kb)